Time is Right to cut rates says FM
11 views · Published 22 May 2015 · 1:03 · Indexed 12 November 2026
Channel: Oneindia News · 2015 · People & Blogs
The time is right for the central bank to cut interest rate due to falling inflation, the finance minister Arun Jaitley said on Friday. The RBI will review its monetary policy on June 2 and is widely expected by economists to lower its key policy rate by 25 basis points on the back of the sharp fall in both retail and wholesale prices.
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